Disclosure under Regulation 31(4) of SEBI Regulation ,2011.
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Mr. Madhav Valia, Promoter of East India Drums and Barrels Manufacturing Ltd, has submitted a disclosure under SEBI Regulation 31(4) for the financial year ended March 31, 2026. The declaration confirms that neither the promoter nor any member of the promoter group or persons acting in concert have encumbered (pledged) any additional shares of the company beyond what was already disclosed during FY 2025-26. This is a routine compliance filing where promoters confirm no change in share pledge status.
No additional share encumbrances by promoters is a positive signal for existing shareholders as it reduces the risk of forced share sales that could dilute shareholder value.